Federal Reserve Bank of San Francisco Issues Beige Book for Sept. 2, 2020
October 02, 2020
October 02, 2020
WASHINGTON, Oct. 2 -- The Federal Reserve Bank of San Francisco issued the following Beige Book for Sept. 2, 2020:
Summary of Economic Activity
Economic activity in the Twelfth District expanded slightly on balance during the reporting period of July through mid-August. Employment levels increased marginally, but hiring was curtailed by firms' cost-containing efforts. Wages were generally stable, as was price inflation. Sales of retail goods rose slightly, while co . . .
Summary of Economic Activity
Economic activity in the Twelfth District expanded slightly on balance during the reporting period of July through mid-August. Employment levels increased marginally, but hiring was curtailed by firms' cost-containing efforts. Wages were generally stable, as was price inflation. Sales of retail goods rose slightly, while co . . .